Since 2009, a project for co-financing of pensions has been working for residents of the Russian Federation. What was it created for? What are the goals? What is co-financing of pensions? News on this topic as well as frequently asked questions will be posted as part of this article.
general information
State co-financing of a pension is that once a year, citizens replenish their account in an accumulative pension fund for a certain amount in the range from two to twelve thousand rubles. At the same time, the state contributes its part. It transfers to the account of the future pensioner a similar amount of money. What gives a similar approach?
State co-financing of pensions allows people to provide maximum profitability from their contributions. The amounts that accumulate in this way are added to the capital that is generated through the insurance model. Co-financing of pensions for non-working pensioners will allow to receive increased support. Moreover, its size depends on each person. If he voluntarily transferred twelve thousand rubles for seven years, now you can count on about 8 thousand rubles a year. The amount seems to be not big, but who will refuse it?
What is the current state of affairs?
How popular is co-financing of pensions? News from the Deputy Prime Minister tells us that now the program has over eight million participants. Everyone can take part in the project. True, for this it is necessary to have an insurance pension certificate.
If you wish to participate, you must additionally bring an application and an internal passport. The form for the first is issued directly at the departments of the pension fund. Speaking about the submission procedure, it can be noted that there are several ways: you can do everything in person, as well as through the employer or special organizations that are authorized by government agencies.
Single moments
True, in fairness it should be noted that not everything is cloudless. So, co-financing of the pension began to operate in 2008, but in 2014 it was frozen. Why? The fact is that this project is very much tied to the insurance part of the pension. But there are problems with her - she is frozen. But don’t worry, now it doesn’t matter. In 2017, if you wish, you can safely use these funds. This is a very good project that will succeed. And now it is significantly improved. This project enjoys the greatest popularity at the largest enterprises of the country and is gradually gaining recognition among the part of business structures that are interested in long-term involvement of professional personnel.
Some exceptions to the 1: 1 rule should also be noted. So, people of retirement age who did not apply for a pension will be eligible for payments that exceed the amount available at least five times. There are quite a few legal aspects that can be found in the offices of the pension fund. Now we can confidently say that state co-financing of a pension will be most beneficial to those people who were born before 1967. Why? The point here is that they do not form a mandatory funded component.
Special Populations
I'd like to pay attention to article 8 of the law "On insurance pensions." People who fall under its action and did not apply for any type of pension have the opportunity to interact on a 1: 4 basis. What does this mean in practice? Suppose there is a person who paid 12 thousand rubles. The state, for its part, is also adding, but not 12,000, but 48,000! Thus, 60 thousand rubles a year will come to an individual personal account!
Agree, the amount is not small - it equals two average monthly wages in the country. This is how the funded part of the pension grows . Co-financing from the state in some way can be called a division of the amounts received from the sale of material resources of the Russian Federation. Therefore, do not miss such a good opportunity.
Criticism
But to appreciate something, you need to know not only the positive, but also the negative sides. We talked about the first ones - this is an opportunity to receive one hundred, or even four hundred percent of profits per year. In addition, the amount of contributions is small. Even if it’s difficult for someone to make 12 thousand rubles, he can stop at 5000 or 2000 in general. But some doubts arise because of who is the guarantor of this system.
Many people are afraid of the likelihood that they will carry out a pension reform, the motto of which will be the words "we forgive everyone we owe." As an example, they often refer to the latest experience. After all, insurance savings were simply taken and frozen, replacing them with points, the system of converting them into money is not entirely clear. But the army of pensioners is growing, and soon there will be no place to take money from. But this can be called purely emotional criticism. And in order to better assess the "cost" of the project, let's analyze it into separate components.
Control and confidence
So, it is often noted as negative points that if money is invested in this way in retirement, then before a certain age (or the events of some groups of the population) is reached, it will not be possible to access it. This is a significant minus compared to bank deposits. So, if you want to open a business or organize a wedding for yourself, you will need to save everything from scratch. In addition, certain events may occur, because of which it will be necessary to make an operational withdrawal of funds (for example, there will be a favorable and necessary offer).
Stops people and uncertainty about the retirement future. Widely used is the receipt of wages in envelopes, which negatively affects the size of future collateral. Accordingly, the level of payments is reduced. And if you pay an additional 12,000 each year with an official salary of 6-8 thousand, then the inspecting authorities may have questions. And as a result - negative consequences in the form of fines (for the employer) and surcharges (for the employee).
Uncertainty in the state and desire to become successful
Even if we assume that everything will develop exactly as intended, it is not at all a fact that the rules will not be changed during the change of power, and radically. It affects the weak heredity of the policy. In addition, many want to become a wealthy person as early as possible, and not in retirement age. Someone collects an investment portfolio from stocks, others accumulate other assets, but the result is the same - everyone wants to start not working as early as possible. And if you work, then only if you have your own desire. If you have brains, then even working and saving some of the money, you can create yourself a good financial pillow.
Desire to live well now
Alas, many are unlucky to survive until retirement. In this unstable world, anything can happen. Therefore, many rely on realizing themselves now. The same money can be invested in your own enterprise or just live for your own pleasure. This argument leads to the fact that the funded pension is not popular. Co-financing, although it offers a good growth of assets of one hundred and even four hundred percent per year, but, alas, it will take a long time to wait. Particularly distant pension seems to be young. Although, however, if there is or there will be an excess of money, then you can participate in this project.
Many people lose the desire to do so, just look at the interest. A very common practice in the world is a yield in the region of four to five percent. Well, from the point of view of the United States, Germany or France, where this figure is one and a half to two times higher than inflation, this is pretty good. But this same result in the territory of the Russian Federation is two times lower than inflation, that is, money is gradually “eaten up”, which is pretty bad.
Conclusion
Co-financing a pension for retirees can help financially, although not significantly, but still! Therefore, each person will have to make a decision on whether to follow such a path. In general, if you break even the maximum amount for a month, then you get only a thousand rubles. This amount is quite lifting, so you can use this way. Such money can be earned by devoting a day or two to three painstaking work. True, then you will have to monitor your health in order to survive to the point where you can take advantage of pension savings. And not just “see and die”, but also relax after decades of work.